Ukraine is the case where the framework exists on paper and has no legal force. Spot is neither banned nor regulated - it sits outside the legal perimeter.
Leveraged derivatives are a separate question with a separate answer. Derivative contracts are capital-market instruments that require an NSSMC licence, and the statutory list of things a derivative may be written on does not include virtual assets, so crypto perpetuals and CFDs cannot be licensed in Ukraine at all; there is no domestic venue for them, and no criminal provision aimed at the retail trader either.
The contract itself does not change by geography: a AVAX perpetual settles in USDC everywhere.
11 venues open Avalanche perps to traders in Ukraine.
ApeX
Aster
Avantis
gTrade
Hyperliquid
KiloEx
Paradex
Reya
VestFour steps from sign-up to an open position.
Individuals are subject to 18% personal income tax plus a 5% military levy on crypto gains and income from virtual asset transactions.
Trading AVAX from Ukraine: not clearly regulated.
Regulator for Avalanche trading in Ukraine: National Securities and Stock Market Commission (NSSMC) licenses capital-market activity including derivative contracts; the National Bank of Ukraine (NBU) sets the currency restrictions; no authority currently supervises virtual assets.
From Ukraine, you can fund an Avalanche position using Local bank card to a foreign crypto venue, Bank transfer (hryvnia, domestic) and USDT P2P.
Ukraine residents can trade Avalanche on 16 platforms, including Aevo, ApeX and Aster.
Canborsa offers up to 20x leverage on Avalanche for traders based in Ukraine.